Company and Personal News

NAV is not slowing down with digitalization improvements

Following the successful introduction of the online invoicing system, the National Tax and Customs Board (NAV) is launching technological developments in additional areas. From 1 July, 2020, companies will be...

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Four-fifths of Hungarians buy gifts 1-2 weeks before Christmas

In December last year, Hungarian consumers purchased 223 billion HUF in domestic retail trade, which is 10 percent of total annual turnover, 3 percent more than a year before. 83...

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MA-Fish expects good fish production

Domestic fish producers can close a successful year, with a 3-5 percent increase, compared to last year due to favorable hydrological conditions and summer temperatures. The increase is not due...

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LDC-Transit Group has been expanded with another company

100 percent of Marneváll zRt., a manufacturer of convenience foods was purchased. Following the approval of the Hungarian Competition Authority, the LDC-Tranzit zRt. acquires 100 percent of the shares of...

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The first Rossmann store in Hungary has been renewed

Twenty-six years is also a huge development in the history of a company. This is nicely symbolized by Rossmann’s Jerikó Street store, which opened its doors to Hungarian shoppers in...

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The domestic energy drink is going very well in the Indian market

Hell energy drink successful among the Indian consumers – origo wrote after Store Insider. Hell Energy has increased its sales in India by about 80 percent, compared to 2018 and...

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Christmas chocolate bar in Millenaris park

From Friday to Sunday, confectioners dressed in leprechaun and fairy dresses will bake delicacies for the kids at Chocolate Nook, in the Millenáris Park in Budapest, the Mészáros Group told...

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The plant health regulations for the population will be tightened drom 14 December

The import of small quantities of plants and plant products for own use is also restricted by the European Union’s new phytosanitary system in force from 14 December; Henceforth, travelers...

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Blue banana with vanilla flavor

Blue bananas, which are full of potassium and fiberare gaining popularity though it has not familiar banana flavor – origo wrote after Newsner.com. Blue banana has a surprising taste, compared...

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Brexit: longer wait, more paperwork await the companies

Regardless of the scenario that will eventually occur, Brexit will have a significant impact on logistics and shipping across Europe. The key issue for the FTA is whether or not...

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Vitamin boosting in the winter with fruit juices – only naturally!

Sales increased in the fruit juice market last year, and according to Anita Pusztai, senior brand manager of Sió-Eckes Kft., the trend continues this year too. What is more, the...

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Packaging trends: With alternative solutions for the environment

Packaging is a very important thing in our lives. DS Smith offers sustainable packaging solutions to partners with which they can swiftly react to changing shopping habits, and at the...

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Magazine: Food waste conference report

On 11 September the Hungarian Association of Environmental Enterprises (KSZGYSZ)0 hosted a conference on food waste, with speakers from 10 different fields of the sector. The presentations had a connection...

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(HU) Ha karácsony – akkor hal

Sorry, this entry is only available in HU....

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KSH: production value increased by 3.1 percent this year

Due to a 0.7 percent drop in production volume and a 3.8 percent rise in producer prices, total agricultural output rose 3.1 percent this year, according to the first estimate...

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This year the premium rate of subsidized agricultural insurance increased by 16 percent

The volume of subsidized crop insurance premiums paid by farmers is expected to be close to 11.4 billion HUF this year, which is 16 percent higher than last year –...

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Minister of State launches campaign to encourage sheep, goat and dairy products

The government is launching a campaign to encourage sheep and goat meat and dairy products consumption to target products from the highly export-oriented sector to Hungarian consumers as well –...

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Intrum improved the solvency of the Hungarian population

The solvency index of the Hungarian population rose slightly again in the third quarter of this year, following a decline in the previous quarter – the Intrum Mortgage Management Company...

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Next year, the irrigation system will be completely transformed

Parliament approved the Ministry of Agriculture’s bill on irrigated farming with 171 votes in favor and 17 against – origo wrote. Under the new legislation, which will come into force...

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NMHH: a package delivery rate comparison page helps consumers across Europe

A European portal comparing cross-border package delivery rates helps European consumers, and a link to the page is also available from the NMHH website, the National Media and Communications Authority...

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The partnership for the Tisza was successful

The PET Cup ended with the collection of 10,000 tons of waste at the Kisköre Barrage. The PET Cup was announced by the National Directorate General for Water and Coca-Cola...

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A new strategy has been developed for the development of the herbal industry

A new strategy for the development of the herb industry has been developed by the participants of the industry – the president of the herbal division of the National Chamber...

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The price of Chinese pork increased significantly

Pork prices in China jumped sharply in November, pushing inflation to an 8-year high – according to origo. African swine fever is putting the world’s second largest economy in an...

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Healthy foods – within an arm’s reach

The market of functional foods is growing in Hungary. Tamás Czepanecz, brand manager of Nestlé Hungária Kft. told us about the segment of cereal products that sales results were developing...

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Will the ‘green wave’ affect this year’s Christmas season?

NMS Hungary’s nationwide Hungarian panel study, done with 800 respondents, has been focusing on how Hungarian consumers intend to spend the Christmas period and whether the recently adopted environmentally conscious...

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Forecast for 2020

The growth rate of Hungary’s GDP accelerated to around 5 per cent in 2018 and 2019, one of the fastest in the EU. Thus, the Hungarian growth rate exceeded all...

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KSH: prices increased by 3.4 percent in November

In November, consumer prices increased by 3.4 percent, compared to the previous year on average, down from 2.9 percent of a month before. Prices rose an average of 0.1 percent...

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The IMF has improved the growth forecast for the Hungarian economy further for this year and next

The IMF has further improved Hungary’s forecast for economic growth for this year and for the next year. The International Monetary Fund (IMF) increased it to 4.9 percent for 2019...

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OMV is preparing for Christmas with fish burger and dried plum turkey sausage

OMV is already preparing for the festive season: Palágyi Eszter ‘s latest gourmet collection includes fillets of fish burger and dried plum turkey sausages. In addition to the premium offer,...

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